KME Chartered Accountants

Cyprus has been a full member of the European Union as from 1st May 2004. It is the only member state that can offer you the lowest tax regime in Europe.

Cyprus has established itself as an international business centre which offers a wide network of Double Tax Treaties and an excellent legal and economic infrastructure. These factors together with a number of other advantages listed below, has developed Cyprus as one of the most suitable locations for your international tax planning requirements:

Advantages offered include the following:

  • Highly qualified and multilingual labour force
  • FDI track record
  • Macroeconomic stability with successful economic performance
  • Efficient legal, accounting and banking services
  • Strategic Location Europe’s Middle Eastern Outpost
  • Advanced telecommunications network and infrastructure
  • Reputable International Shipping Centre
  • Living and working on the island for all seasons
  • Tax benefits such as the broad tax exemption system for dividends from overseas subsidiaries, the general tax exemption for profits from the sale of securities, which includes gains from the sale of shares in other companies, the absence of withholding tax over dividends paid by Cyprus companies to foreign shareholders etc

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